Thai government ends popular co-payment stimulus measure

14 Sept 04:49 Key points summarised by AI

The Thai government has ended its popular 50:50 co-payment stimulus scheme, citing a recovering economy driven by increased foreign arrivals and improved consumer purchasing power.
Finance Minister Arkhom Termpittayapaisith announced the ministry will now focus on addressing mounting household debt, which poses a significant challenge.
New economic stimulus packages are being prepared as 'New Year gifts' to boost the economy, in anticipation of a potential global economic recession next year.
The Thai Chamber of Commerce supports ending the scheme but urges the government to attract more foreign investment by easing restrictions, including allowing foreign land purchases for residential purposes.

European protests could raise costs for Thai exporters

25 Oct 17:46 Key points summarised by AI

The Commerce Ministry warns that ongoing protests across six European countries, driven by cost-of-living concerns, could weaken consumer purchasing power, disrupt logistics, and elevate costs for Thai exporters.
Thai exporters are advised to closely monitor developments, explore alternative markets (ASEAN, South Asia, Middle East), and adjust shipping routes to reduce dependence on Europe and mitigate potential risks.